News

Smartphone-Only Bank Launches in Germany
January 27, 2015

After months of development and testing, Germany and Austria now have access to their own smartphone-only bank, NUMBER26, which launched yesterday (Jan. 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Merchant Innovation
Is Alibaba Poised to Buy Yahoo?
January 27, 2015

A decade ago, Internet search giant Yahoo bought a 40 percent stake in a small Chinese commerce startup named Alibaba as the company looked to expand its operations into China. Since then, the two companies have gone in different directions, and there are now rumors...

Lenddo To Sell its Creditworthiness Algorithm Service Instead of Loans
January 27, 2015

Initially started as a micro-finance startup with the goal of developing algorithms that can determine creditworthiness of borrowers with no bank information, Filipino company Lenddo will now ditch its lending arm in place of selling its algorithmic services to companies inside and outside of the...

Borderfree Acquires DutyCalculator
January 27, 2015

Borderfree is expanding its own borders to include DutyCalculator. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form,...

Uber Drops UberEssentials Delivery Service
January 27, 2015

Uber is shutting down its on-demand product delivery service, UberEssentials. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this...

Why Mobile Needs A ‘No White Space’ Strategy
January 27, 2015

Imagine a world where mobile is king, commerce is queen, and context is God. These, says Srinivas Nidugondi, SVP at Mahindra Comviva, are what rule when consumer shopping behavior is reimagined in the context of mobility. A successful mobile payments solution, he says, must adopt...

Givex Gifts Itself Chase Paymentech Card Biz
January 27, 2015

Givex has agreed to acquire Chase Paymentech’s gift card business. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this...

Ripple Labs Circling $30M in Funding
January 27, 2015

Ripple Labs, the developer of a Bitcoin-like technology that enables banks to transfer money internationally, is finalizing a $30 million funding round. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Consumer Finance
Money Dashboard Gets Another $3.7M
January 27, 2015

Scottish startup Money Dashboard has raised another $3.7 million in funding for its a personal finance app, according to TechCrunch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....